Results of an extensive empirical study of the accuracy of 12 normal and 3 binomial approximations to the hypergeometric distribution are presented in terms of ...
N is the population size for a hypergeometric distribution. In terms of acceptance sampling, N is the lot size. K is the number of items in the category of interest in the population. In terms of ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...